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SAN ANTONIO-Dow Hotel Co., in partnership with Prudential Insurance Co. of America, has acquired the 227-room Radisson Hill Country Resort & Spa from FFI Real Estate USA LLC of Atlanta. The sales price for the five-year-old resort was not available.

“We’re committing significant resources and a great deal of energy to totally upgrading this magnificent property located in a great setting,” Murray L. Dow II, founder and president of Seattle-based Dow Hotel Co., said in this morning’s press release. Representatives from Dow Hotel could not be reached by press time to discuss the acquisition of the resort at 9800 Westover Hills Blvd.

Dow said marketing will focus on meetings and social events. The resort boasts 10,000 sf of flexible meeting space. The asset is located in the area’s northwest quadrant, not far from Sea World, Fiesta Texas and several corporate headquarters. Additionally, the submarket has been a magnet for residential and retail development during the past two years.

Mark Rosinsky, Dow Hotel’s senior vice president of hotel investments, said the company continues to look for investment opportunities. In early August, Dow bought the 369-room Doubletree Hotel Chicago O’Hare-Rosemont at 5460 North River Rd. in Rosemont, IL, also in partnership with Prudential.

Acquisition targets are value-add hotels and resorts with 200 to 400 rooms that can be repositioned via capital improvements and more effective hotel management. In Texas, Dow also owns the Sheraton North Houston at George Bush Intercontinental Airport at 15700 John F. Kennedy Blvd.

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